Crude Oil, Gold Prices Positioned for Weakness Into Holiday Lull

 

Crude oil, gold prices mark time as liquidity ebbs into holiday lull
Technical positioning hints at weakness when participation returns
Weekend news-flow, US data anticipation may translate into gaps
Commodity prices marked time as investors settled in for market closures in observance of the Good Friday holiday. Australia, Hong Kong and most of Europe’s largest exchanges remain closed through Monday, making for thin liquidity.

bullscommodity.com